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Chase traces its history back to the founding of The Manhattan Company by Aaron Burr on September 1, 1799, in a house at 40 Wall Street: [3]. After an epidemic of yellow fever in 1798, during which coffins had been sold by itinerant vendors on street corners, Aaron Burr established the Manhattan Company, with the ostensible aim of bringing clean water to the city from the Bronx River but in ...
The Manhattan Company was a New York bank and holding company established on September 1, 1799. The company merged with Chase National Bank in 1955 to form the Chase Manhattan Bank. It is the oldest of the predecessor institutions that eventually formed the current JPMorgan Chase & Co.
The Chase Manhattan Bank was formed upon the 1955 purchase of Chase National Bank (established in 1877) by The Bank of the Manhattan Company (established in 1799), [14] the company's oldest predecessor institution. The Bank of the Manhattan Company was the creation of Aaron Burr, who transformed the company from a water carrier into a bank. [15]
In March 2000, Dimon became CEO of Bank One, the nation's fifth largest bank. [22] When JPMorgan Chase merged with Bank One in July 2004, Dimon became president and chief operating officer of the combined company. On December 31, 2005, he was named CEO of JPMorgan Chase, and on December 31, 2006, he was named chairman and president. [23]
Butcher joined Chase National Bank, predecessor to Chase Manhattan, in 1947 and spent his early career in Chase’s midtown Manhattan branch system. He later headed Chase’s retail and corporate business for midtown and moved to the international department in 1969, where he headed operations in Europe and sub-Saharan Africa, before becoming executive vice president in charge of Chase’s ...
"The Rockefeller-controlled Chase Manhattan Bank tops the list, controlling 16 companies." He was faulted for spending excessive amounts of time abroad, and during his tenure as CEO the bank had more troubled loans than any other major bank. Chase owned more New York City securities in the mid-1970s, when the city was nearing bankruptcy.
George Fisher Baker became president of the bank after the Thompsons left the bank in the hands of Harris C. Fahnestock, a former partner of railroad financier Jay Cooke in the banking firm of Jay Cooke & Company, in 1877. [8] Thompson also founded Chase National Bank of the City of New York in 1877 (a predecessor to today's JPMorgan Chase Bank).
Chase Manhattan most frequently refers to Chase Bank, especially prior to its merger with J.P. Morgan & Co. to form JPMorgan Chase. Chase Manhattan may also refer to: 1201 North Market Street, Wilmington, Delaware, formerly Chase Manhattan Centre; Bank of the Manhattan Company Building (disambiguation), several buildings in New York City
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